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Shopping Strip

1100-1102 E Colorado St

1100 E Colorado St, Glendale, CA 91205

Listing Price: $2,450,000

Cap Rate
2.08%
Gross SF
5,400
Rentable SF
5,400
Price/Gross SF
$453.70
Lot Size
0.11 acres
Year Built
1934

Investment Overview

Marcus and Millichap has been selected to exclusively market 1100-1102 E Colorado St, situated in downtown Glendale. The property consists of 3 retail spaces, totaling a rentable square footage of just over 5,400 square feet. This opportunity works perfectly for either an investor or owner/user looking to acquire an asset in an extremely desirable part of Glendale. Freshly renovated in 2014 with a new roof, new HVAC, as well as exterior & interior paint,
the subject property sits on the signalized corner of Colorado St and Adams St, seeing more than 45,000 cars a day. This coupled with 50 feet on frontage on Colorado St and 100 feet of frontage on South Adams making this a superb location for any retail tenant or user.

The spaces break down into two larger suites in the front, consisting of a 2,395 square foot space and a 1,950 foot space. The third space towards the rear totals just under 800 square feet, including a small portion of common area space. This opportunity allows for an investor to immediately create value with one of the spaces being delivered vacant. On the other hand, the suite towards the rear of the building can be combined with the front suite, allowing an owner/user to move the business into the property and obtain SBA Financing by occupying over 50% of the property.

The largest space, occupied by a French Clothing Boutique- Donnee Par Dieu, boasts about 600 square feet of mezzanine space. The second largest space, which is currently vacant and ready to be occupied, truly fits a large variety of retail uses. The smallest of the three units, occupied by a cell phone retailer- Unlimited Text & Talk, is on a month to month lease term, providing additional flexibility.

Investment Highlights

  • Owner/User or Investor Opportunity
  • Fully Renovated in 2014 - New Roof, Interior/Exterior Paint, New HVAC
  • Prime Glendale Location at Signalized Corner with Excellent Frontage
  • Off-Site Open Street Parking
  • Walk Score of 92
  • Heavily Trafficked Area (Over 45,000 VPD)

Exclusively Listed By

Shopping Strip

1100-1102 E Colorado St

Listing Price: $2,450,000

Cap Rate
2.08%
Gross SF
5,400
Rentable SF
5,400
Price/Gross SF
$453.70
Lot Size
0.11 acres
Year Built
1934

Investment Highlights

  • Owner/User or Investor Opportunity
  • Fully Renovated in 2014 - New Roof, Interior/Exterior Paint, New HVAC
  • Prime Glendale Location at Signalized Corner with Excellent Frontage
  • Off-Site Open Street Parking
  • Walk Score of 92
  • Heavily Trafficked Area (Over 45,000 VPD)

Investment Overview

Marcus and Millichap has been selected to exclusively market 1100-1102 E Colorado St, situated in downtown Glendale. The property consists of 3 retail spaces, totaling a rentable square footage of just over 5,400 square feet. This opportunity works perfectly for either an investor or owner/user looking to acquire an asset in an extremely desirable part of Glendale. Freshly renovated in 2014 with a new roof, new HVAC, as well as exterior & interior paint,
the subject property sits on the signalized corner of Colorado St and Adams St, seeing more than 45,000 cars a day. This coupled with 50 feet on frontage on Colorado St and 100 feet of frontage on South Adams making this a superb location for any retail tenant or user.

The spaces break down into two larger suites in the front, consisting of a 2,395 square foot space and a 1,950 foot space. The third space towards the rear totals just under 800 square feet, including a small portion of common area space. This opportunity allows for an investor to immediately create value with one of the spaces being delivered vacant. On the other hand, the suite towards the rear of the building can be combined with the front suite, allowing an owner/user to move the business into the property and obtain SBA Financing by occupying over 50% of the property.

The largest space, occupied by a French Clothing Boutique- Donnee Par Dieu, boasts about 600 square feet of mezzanine space. The second largest space, which is currently vacant and ready to be occupied, truly fits a large variety of retail uses. The smallest of the three units, occupied by a cell phone retailer- Unlimited Text & Talk, is on a month to month lease term, providing additional flexibility.

Exclusively Listed By

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